WASHINGTON – U.S. private payrolls increased far less than expected in May, which would suggest demand for labor was starting to slow amid higher interest rates and tightening financial conditions,…
BRUSSELS – Euro zone economic sentiment barely changed in May as slightly greater optimism in services and among consumers offset an ebbing of confidence in industry, data showed on Monday.…
SEOUL – A key measure of inflation expectations among South Koreans rose in May for a fourth consecutive month to its highest in nearly a decade, a central bank survey…
BERLIN -German investor sentiment rose slightly in May on expectations the economic situation in Europe’s largest economy will deteriorate less markedly than predicted previously as the European Central Bank acts…
NEW YORK – Blue Apron Holdings Inc reported a bigger-than-expected loss, as a drop in orders per customer and higher food and labor costs hurt the online meal kit company’s…
FRANKFURT – Euro zone inflation is “very high” and the European Central Bank needs to ensure that this does not get entrenched in inflation expectations, ECB board member Frank Elderson…
By Jihoon Lee and Choonsik Yoo SEOUL -South Koreans expect inflation to average around 3.1% over the next 12 months, led by rising global energy prices, the highest they have…
WASHINGTON – U.S. business inventories increased more than expected in February amid a moderation in sales, data showed on Thursday. Business inventories rose 1.5% after climbing 1.3% in January, the…
FRANKFURT – Measures of underlying inflation in the euro zone have risen above the European Central Bank’s 2% target and the ECB is closely monitoring inflation expectations, its president Christine…
BERLIN – German investor sentiment fell by less than expected in April, a survey showed on Tuesday, as a decline in inflation expectations gave some cause for hope about the…
By Marcela Ayres BRASILIA – Brazil posted a record trade surplus for March, of $7.4 billion, official data showed on Friday, but the number was well below market forecasts amid…
CHICAGO – U.S. farmers intend to plant 89.490 million acres of corn in 2022, down 4% from last year and below the lowest in a range of trade expectations, the…
WASHINGTON – Production at U.S. factories accelerated in February, shrugging off a continued slump in motor vehicle output, pointing to sustained strength in manufacturing amid a healthy demand for goods…
By Bharat Gautam – Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate…
TOKYO – Japanese consumers’ inflation expectations hit a record high in March, a government survey showed on Wednesday, as people’s perceptions of future price moves were affected by surging energy…
LONDON – The British public’s expectations for the rate of inflation in a year’s time rose to the highest since 2008, although the increase in longer-term expectations has been less…
By Howard Schneider WASHINGTON – One-year U.S. inflation expectations have rocketed higher since Russia’s invasion of Ukraine and the longer-term outlook has begun increasing as well, a development likely to…
WASHINGTON – New orders for U.S.-made goods increased more than expected in January, pointing to continued strength in manufacturing despite supply challenges. The Commerce Department said on Thursday that factory…
MILAN – Sales at Italian luxury outwear maker Moncler grew by 30% in the key final quarter of 2021 and 44% for the full year to well above pre-pandemic levels…
– Getlink’s annual revenues and core profit slightly beat market expectations on Thursday due to cost control though the operator of the Channel Tunnel stayed mute on its guidance. The…
By Jonnelle Marte -U.S. consumers lowered their expectations for how much inflation will rise in the near-term and medium-term periods, signaling that inflation concerns may be easing, according to a…
By Praveen Paramasivam and Hilary Russ – Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly profits and comparable sales on Tuesday as higher demand and prices for its…
The U.S. economy recorded an increase of 467,000 jobs in January while unemployment increased to 4.0%, the U.S. Bureau of Labor Statistics (BLS) announced Friday. Total non-farm payroll employment increased…
The number of Americans who filed new unemployment claims decreased to 238,000 in the week ending Jan. 29, the Labor Department announced Thursday. The Labor Department figure showed a 23,000 claim…
LONDON – Analysts are upgrading their expectations for Europe’s fourth-quarter earnings season, which has seen a steep increase in companies announcing consensus-beating results, according to the latest data from Refinitiv…